Cyprus-Forum.com

[cyprusgrump]

Well just stop passing on any old rubbish you hear.

Foreigners are still better off having the levy in Cyprus (with the share potentials) than receiving poor (zero) interest elsewhere or having the same thing happen in other banks. For example, UK banks hardly pay any interest and charge 40% on any they do, to the wealthy.

Which part of "the shares are completely worthless" do you fail to comprehend...?

Which part of "If the shares had any value the banks and government would have sold them to raise the desperately needed funds" is too complicated for you to understand...?

Which part of "this is worse than poor interest, this is -10% interest" confuses you...?

Which part of "This sends a disastrous message to investors which will start a run on the banks across Europe" do you think is unreasonable...?

[appel]

Hello, I am from Iceland I am watching your situation unfold.

Sadly, it reminds me a whole lot of the Icelandic collapse. From what I have read, it seems like your banking system is going to crash this week, with or without the levy, the Pandora's box has been opened.

The only true solution that remains is the Icelandic solution. Moving the internal banking system into new banks, and put the old ones into bankruptcy. Protect your economy, protect your own citizens. But above all else, do not turn private debt into public debt.

Anything else is a betrayal to your republic.

[kurupetos]

CY mentality at its best!

[Maximus]

Anastasiades backs this given circumstances, and if it passes, he said that those who kept deposits in Cypriot banks for the next two years would be given bonds linked to revenues from natural gas.

[Demonax]

Anastasiades backs this given circumstances, and if it passes, he said that those who kept deposits in Cypriot banks for the next two years would be given bonds linked to revenues from natural gas.

That sounds like a reasonable incentive. Will it work or will people take the hit and move their money anyway?

[Maximus]

Anastasiades backs this given circumstances, and if it passes, he said that those who kept deposits in Cypriot banks for the next two years would be given bonds linked to revenues from natural gas.

That sounds like a reasonable incentive. Will it work or will people take the hit and move their money anyway?

He should open up a hotline processing bail-in payments with a target to raise 100% of the debt (15.6Billion). Then link each investors share to bonds, tied to the gas revenue.

[johnny1]

if you are watching the world news....the people of spain have been out in there streets suporting us here while cypiots have also been out in the streets..but for other reasons...the carnival

[GreekIslandGirl]

Well just stop passing on any old rubbish you hear.

Foreigners are still better off having the levy in Cyprus (with the share potentials) than receiving poor (zero) interest elsewhere or having the same thing happen in other banks. For example, UK banks hardly pay any interest and charge 40% on any they do, to the wealthy.

Which part of "the shares are completely worthless" do you fail to comprehend...?

Which part of "If the shares had any value the banks and government would have sold them to raise the desperately needed funds" is too complicated for you to understand...?

Which part of "this is worse than poor interest, this is -10% interest" confuses you...?

Which part of "This sends a disastrous message to investors which will start a run on the banks across Europe" do you think is unreasonable...?

Erm, the part where it's all your unfounded, scaremongering OPINIONS!

[johnny1]

the new president of cyprus...the new evil
look at this must read....:
http://www.ekathimerini.com/4dcgi/_w_ar ... 013_488337
Germany's finance minister said on Sunday Berlin would have respected the bank deposit guarantee on small savers' insured deposits but the Cypriot government, European Commission and European Central Bank (ECB) decided against this.

[johnny1]

already my hate for him grows...faster than the other one....
Schaeuble says;
we would obviously have respected the deposit guarantee for accounts up to 100,000,» he said. «But those who did not want a bail-in were the Cypriot government